Articles tagged “digital”

In this video conversation from Skift Global Forum 2021, we hear from Carleigh Jaques, Senior VP, General Manager, Cybersource, a Visa Solution, about the changing nature of digital payments in the post-pandemic era.

The pandemic proved that digitized payment solutions are no longer a “nice-to-have” for travel and hospitality companies and the businesses they work with — they’re now a must. Thankfully, new digital payment solutions in the B2B space, many inspired by innovations in B2C payments, are now available, as the industry looks toward a post-pandemic landscape.

In the latest edition of this annual report, Skift and Amazon Web Services explore the evolution of digital transformation efforts in the travel industry, featuring the results of a survey distributed to over 1,000 travel executives worldwide.

In the latest edition of this annual report, Skift and Amazon Web Services explore the evolution of digital transformation efforts in the travel industry, featuring the results of a survey distributed to over 1,000 travel executives worldwide.

When they asked Willie Sutton why he robbed banks, he said, "Because that's where the money is." You could say the same thing about why the travel sector has had so much recent merger and investment in back-office travel payments.

Hotels need to be where the consumers are. Offering digital and alternative payment options is key to benefitting from current trends, and this means working with fintech players that are able to offer these services by integrating into hotel tech systems.

Most hoteliers would rather not think about their payment tech, as long as it works. But payment habits are changing, and so is payment tech. Hoteliers — and hotel tech vendors and investors — will want to be on top of these changes, especially now that revenues are suppressed.

RateGain, a 15-year-old travel tech firm, wants to position itself for growth post-pandemic by raising capital. Its private equity sponsor TA Associates also wants a payday, and no wonder.

In this recent webinar, Skift and WNS explore how businesses can adapt to and embrace the emerging digital-first, data-driven, post-Covid travel landscape.

In this video from Skift's Hospitality & Marketing Summit, we hear from CLC Lodging President Ron Rogers about how hotels can benefit from engaging with workers who travel for the essential projects that keep North America running — especially as traditional business travel continues a slow recovery.